republican-creole
site Search:


 
   
story category
Clearwire: 6.1 Million Broadband Customers
Expects to Hit 9 Million by Year End
by Karl Bode Thursday 05-May-2011 tags: business · wireless · alternatives · bandwidth · wireless
Clearwire's latest earnings report indicates the company saw their revenue double to the tune of $242 million, but the company posted a net loss of $227 million. According to Clearwire, the company added 1.6 million new wholesale subscribers and 155,000 retail subscribers, reflecting the well-underway shift from retail to wholesale. The company ended the first quarter with 6.1 million total wireless broadband subscribers, and expects to end the year with 9.5 million subscribers. After shaking off several high level executives and finally finally getting their wholesale agreement with Sprint settled, Clear appear to be enjoying a bit more stability. In a conference call, Clearwire noted that they don't have plans to sell any spectrum in 2011, and now has enough cash on hand to fund operations for another year.

view: topics flat text 
Post a:

Linklist
Premium
join:2002-03-03
Longport, NJ
kudos:5

Almost all revenue a loss?

Their expenses must be horrendous to have $242m in revenue, but turn in a loss of $227m. No wonder they have to keep searching for investors to pump in cash. They say they have enough for another year of operations, but a sale must be in the offing or they are going belly up very soon. That Sprint/Lightsquared/Clear possible deal better be concluded soon.
--
Record your speedtest.net results in DSLReports SpeedWave
»www.speedtest.net/wave/afe201cb84d45c88
xenophon

join:2007-09-17

Re: Almost all revenue a loss?

said by Linklist:

Their expenses must be horrendous to have $242m in revenue, but turn in a loss of $227m. No wonder they have to keep searching for investors to pump in cash.

Startups that are still rolling out a network will show a loss for years. They aren't showing an operating loss, it's loss due to rollout. This is how it works with all startups.. a rollout is typically funded by by investors, not revenue.

But true, they will be in trouble if they don't get additional investment as any startup would that has a project that costs billions.
SunnyD

join:2009-03-20
Madison, AL

Only 6.1 broadband customers?

They're aiming high...

Mr Fel
Flynn Lives
Premium
join:2008-03-17
Louisville, KY

Re: Only 6.1 broadband customers?

Typos man, don't read too much into it.
flbas1

join:2010-02-03
Fort Lauderdale, FL
they offer service about a block away. if it comes to my home, and it is equal to what i have now WITHOUT caps - they will get another sub

Jon Geb
Wal-Mart Sucks

join:2001-01-09
Howell, MI

1 edit

Roll out Detroit Please

Detroit Metropolitan area is the largest non-rolled out area in the US. We have around 4 Million people and no true roll out.

Clearwire tried to get Stimulus money from the feds as a part of the broadband initiative and state that Detroit was an under served market. They said they would pay for the burbs out of pocket.which would be profitable for them (some of the wealthiest and populated in the US).

Since they didn't get the stim money the region is a big gapping hole in coverage. We put together a chart and it had shown that out of the top 31 metro regions of the country that Detroit metro at number 11 was the ONLY region not covered.

The city is poor, but the surrounding area is quite affluent and densely populated. We don't need to be held hostage to the city and there plight, roll out the burb Clear!

The city only contains 700k out of the regions 4 million people.

I'm saying this as a 10 year Sprint customer with 4 WImax devices waiting for service.

Did I mention the 3G network is so overloaded its almost useless?

Duramax08
Win8 sucks
Premium
join:2008-08-03
San Antonio, TX

Re: Roll out Detroit Please

Check these reviews out, its all mixed reviews but you should get the idea.

»User reviews - Clearwire Wireless

SteelerRaw

@timet.com
said by Jon Geb:

We put together a chart and it had shown that out of the top 31 metro regions of the country that Detroit metro at number 11 was the ONLY region not covered.

The San Diego and Phoenix regions both say, "Hi!"
Chaldo

join:2008-03-18
West Bloomfield, MI
Oh you don't worry about that Detroit is pretty soon...

even to prove it, ill give you a little hint

»www.clear.com/coverage
Type in Detroit, MI

have fun

mix

join:2002-03-19
Utica, MI
The clear map posted by Chaldo seems to show some new coverage in Metro Detroit. Do you know anything about this? Are you willing to drive over to Southfield and check it out?
Chaldo

join:2008-03-18
West Bloomfield, MI

Re: Roll out Detroit Please

some of it is live some of it is not.

contort

@comcast.net

LTE

Maybe they'll have enough cash to make the switch to LTE now... its a race against the clock for sure.
xenophon

join:2007-09-17

Re: LTE

An actual switch probably wouldn't happen for a few years but they can apparently upgrade sites relatively cheaply with dual WiMAX/LTE over the next few years and then rollout LTE devices when ready.

Problem with LTE is that it is on some many different bands and different versions out there, roaming isn't likely, especially global roaming. Hopefully Clear can maintain both in the long term. WiMAX has its place for a couple reasons - global roaming, not tied to telcom industry (IEEE).

WiMax probably won't die anytime soon as it has a lot of global deployment but Clear might die if they don't continue to find ways to fund. Sounds like they're good for another year at least. Sprint will likely keep them going until having some form of LTE rolled out, whether via Clear or their own.
chgo_man99

join:2010-01-01
Schaumburg, IL
Reviews:
·AT&T U-Verse
·Mediacom
·T-Mobile US

Anyone heard if Clearwire will start prepaid service or

just their reseller partner announced yesterday (can't remember name).

I made mistake bidding on Rover stick before Rover news came out and the ass*ole seller is counting me liable for bid after asking him to cancel my bid so he can just get rid of it at my cost. Yet he has no hard proof it will work and be supported. I am not paying for this garbage.
mdavis4
How May I Help You?

join:2000-07-02
Gwynn Oak, MD
Reviews:
·DIRECTV
·NetTalk
·Clearwire

Re: Anyone heard if Clearwire will start prepaid service or

Did you try calling clear to see if you can put service on the rover using the clear branded product. It's just a Wimax access device, I can't see why they couldn't put the "Clear" products on the rover even though the "rover" brand is defunct.

They do offer their regular plans with out contract as well and since you wouldn't need to buy a device you wouldn't have to pay a device rental fee.

--
Get connected to whats most important in your life and don't let big business make us the little customer!
chgo_man99

join:2010-01-01
Schaumburg, IL
Reviews:
·AT&T U-Verse
·Mediacom
·T-Mobile US

Re: Anyone heard if Clearwire will start prepaid service or

One reason I liked about Rover is they had weekly and daily plans. Clear only has month-to-moth (kinda pointless) since I'd rather get sprint on 2 year contract or even Verizon LTE/3g since I have 23% corporate discount on plans and don't use too much data when away from home (less than 10GB).

I'd get it but I try to avoid paying over $100 a month for access to the internet. I have cable internet at home in a small town where Mediacom brutally charges $60 a month so add broadband access card and it adds up.
chgo_man99

join:2010-01-01
Schaumburg, IL
btw they do offer regular plans without contract but usually u have to pay for activation fee.

Sunday, 19-May 15:13:24 Terms of Use & Privacy | feedback | contact | Hosting by nac.net - DSL,Hosting & Co-lo
over 13.5 years online © 1999-2013 dslreports.com.